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Norway's oil investments seen falling further next year

OSLO, Nov 24 (Reuters) - Norway's oil and gas investments, a cornerstone of the country's economy, are set to fall more than previously predicted next year, due to a sharp decline in exploration spending, data from Statistics Norway (SSB) showed on Tuesday

Forex hit pushes Russian pipe producer TMK to net loss in Q3

MOSCOW, Nov 24 (Reuters) - TMK, Russia's largest maker of steel pipes for the oil and gas industry, said on Tuesday it made a net loss of $74 million in the third quarter due to a $94 million hit from adverse foreign exchange rate moves.

SunEdison plans to offload 400 MW of solar power capacity in India - sources

MUMBAI, Nov 24 (Reuters) - SunEdison Inc plans to sell solar power capacity worth about 400 megawatts in India for roughly $350 million, as the U.S.-based solar company looks to shed assets to boost balance sheet, said two sources with direct knowledge of the matter.

Philippines' San Miguel, Korea Water top $518 mln water project bidding

MANILA, Nov 24 (Reuters) - A consortium of diversified conglomerate San Miguel Corp and Korea Water Resources Corp is the frontrunner to bag a 24.4 billion pesos ($518 million) project to supply bulk water north of the capital, a government agency said on Tuesday.

UPDATE 1-Rockhopper makes takeover offer for Falkland Oil and Gas

LONDON, Nov 24 (Reuters) - Rockhopper has made a 57.1 million pound ($86.5 million) takeover offer for rival Falkland Oil and Gas, the companies said on Tuesday in a deal that could breathe fresh life into Falklands' exploration which has been hit by weak oil prices.

UPDATE 1-Rolls-Royce sets out turnaround strategy

LONDON, Nov 24 (Reuters) - British engineering company Rolls-Royce said it would launch a major restructuring programme, as its new chief executive Warren East gave further details of his plans to turn around the company.

As crude oil swells, volatility-hungry traders turn to refined products

LONDON, Nov 24 (Reuters) - In a world overflowing with oil, traders are looking to once-secondary markets such as gasoline and diesel for profits, as limited supplies and rapidly changing demand offer the volatility they thrive on.

Rockhopper makes takeover offer for Falkland Oil and Gas

LONDON, Nov 24 (Reuters) - Oil explorer Rockhopper said on Tuesday it had made a takeover offer for rival Falkland Oil and Gas (FOGL) which values the latter at 57.1 million pounds ($86.5 million).

Rolls-Royce launches major restructuring programme

LONDON, Nov 24 (Reuters) - British engineering company Rolls-Royce said it would launch a major restructuring programme, as its new chief executive Warren East gave further details of his plans to turn around the company.

RPT/MIDEAST DEBT-Gulf banks rush to loan market to cope with liquidity squeeze

DUBAI, Nov 24 (Reuters) - Gulf banks are rushing to raise money via the loan market by the end of the year in a flurry of activity attributed to a liquidity squeeze caused by lower oil prices, banking sources aware of the matter said on Monday.

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